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Authors say rejecting digital cash would have adverse unintended consequences
BCB selects private companies to test implementation of “smart contract” for drex currency
Central bank says second phase will involve far greater numbers of people and firms than initial stage
Amendments to legislation affecting digital som are due to come into force in 2027
Birri Gubba dollar to be pegged to AUD and backed by assets including carbon credits
However, research finds no substantial change to transmission mechanism
Central bank to examine how digital tenge could be used to reduce corruption in public spending
Researchers argue digital retail public money is necessary to avoid fragmentation
The two Asian central banks set to carry out joint research and training
Move comes after central Asian banks and payments systems have cut ties to Mir
HKMA is the first non-European central bank to join the Eurosystem’s wholesale DLT settlement trials
Governor says central bank will introduce measures over next two years amid low take-up
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have announced a collaboration to advance CBDC cross-border payment solutions.
Naresh Nagia of Deloitte explores the impact of tokenization, DLT, and CBDCs on traditional banking in episode 117 of the Public Key podcast.
Central bank issued $72 million in bonds on DLT settled in wholesale CBDC